O3 Mining Inc. is pleased to announce the successful completion of its previously announced "best-efforts" brokered and non-brokered private placements, which closed this morning. Pursuant to the brokered tranche of the Offering, an aggregate of 3,686,430 charitable flow-through shares of the Corporation were issued at an issue price of C$2.91 per [...]
O3 Mining Inc. is pleased to announce that it has entered into an amending agreement with Canaccord Genuity Corp. on behalf of a syndicate of agents in connection with a "best efforts" private placement of 3,436,430 common shares of the Corporation. The Charitable Flow-Through Shares will be issued at a price of $2.91 per Charitable Flow-Through [...]
O3 Mining Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of agents in connection with a "best efforts" private placement of 3,436,430 common shares of the Corporation. The Charitable Flow-Through Shares will be issued at a price of $2.91 per Charitable Flow-Through Share for [...]
O3 Mining announces that it has sold 6,492,200 common shares of Osisko Metals Incorporated to Osisko Mining, for gross proceeds of $2,045,043, being the prevailing market. The Transaction is being disclosed by way of a news release as it is considered to be a "related party transaction" of the Corporation for purposes of Multilateral Instrument [...]
O3 Mining Inc. is pleased to provide an update on its well-funded 40,000 metre drilling program on its Marban Project in Val-d'Or, which seeks to convert, expand, and discover new gold resources. The Corporation is reporting results from seven holes drilled on brownfield targets at Marban Engineering as well as providing an update on the summer [...]
O3 Mining Inc. is pleased to announce it has received results and interpretation from its 6,338 m drilling campaign on the Camflo Extension deposit, on the Marban Project in Val-d'Or. Drilling Highlights 1.1 g/t Au over 94.3 m including 13.8 g/t Au over 1.1 m in hole O3MA-22-253-W1. 0.7 g/t Au over 116.5 m and 26.8 g/t Au over 1.0 m in hole [...]
O3 Mining Inc. is pleased to announce the results of its annual and special meeting of shareholders held earlier today. A total of 45,072,231 common shares of the Corporation were represented at the Meeting, representing approximately 65.8% of the total number of common shares of the Corporation issued and outstanding. All matters presented for [...]
O3 Mining Inc. is pleased to provide a progress update on the mining, metallurgical, geomechanical, geotechnical, environmental and community engagement work components of the Pre-Feasibility Study for the Marban Engineering Project. O3 Mining remains committed to completing the study on schedule in Q3 2022. The Marban project is in the heart of [...]
O3 Mining Inc. announces that it has filed an early warning report in respect of its holdings in Cartier Resources Inc. On April 21, 2022, O3 Mining acquired an aggregate of 46,273,265 newly issued common shares of Cartier, having a deemed value of $0.145 per Cartier Share, representing aggregate consideration of approximately $6.7 million, based [...]
O3 Mining Inc. is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects to update the mineral resource estimate on its 100% owned Marban Project. The technical report entitled "NI 43-101 Technical Report and Mineral Resource Estimate for Marban [...]
O3 Mining Inc. is pleased to announce that it has entered into a definitive share purchase agreement with Cartier Resources Inc. pursuant to which O3 Mining has agreed to sell a 100% interest in its East Cadillac Project located in Val-d'Or, in exchange for 46,273,265 common shares of Cartier, representing approximately 17.5% of the pro forma [...]
O3 Mining Inc. is proud to announce it has published its 2021 environmental, social and governance Report outlining the Corporation sustainable development framework and its performance and practices. O3 Mining achieved many significant milestones in the past year as it continued to advance towards its goal of becoming a gold producer in the [...]